back Back

Cashfree Payments enables eUPP to provide educational institutions with instant payments for parents and students

By Leandra Monteiro

December 14, 2022

  • API Banking
  • Cashfree Payments
  • Connexrm
Share

Cashfree Payments, eUPP Cashfree Payments, a payments and API banking solutions company, is enabling eUPP (eLite Unified Payment Platform), a fee payment management system for schools and colleges, to offer instant and secure fee payments for end users.

Currently, through this partnership, more than 500 educational institutions across the country are leveraging Cashfree Payments’ payment collections suite for their payment needs.

eUPP is an online fee payment management system for schools, colleges, universities and other educational institutions. It brings all educational expenses on a single platform and provides maximum benefits to families, students and parents from their expenditures towards education related activities. eUPP is owned by Connexrm Pte Ltd, a Singapore Headquartered company and has a portfolio of products under its umbrella to help an institution cover the entire paradigm of their requirements.

Following this partnership, the 500 educational institutions on eUPP’s platform can now seamlessly track their payments collections directly via the eUPP application. Further, they will be able to use Cashfree’s payments suite to manage their payments flow directly from the eUPP mobile app. This has helped eUPP boost their transaction success rates and has enabled their customers to improve their service quality by offering greater transparency and functionality around payments on their existing platform and end customer touchpoints.

Reeju Datta, Co-Founder, Cashfree Payments said, “Digitalisation has gained an essential impetus in the recent past, which has also extended to the education sector. As a part of this partnership, we provided eUPP with a powerful and scalable payments infrastructure which cuts down its payment processing time and delivers a better experience to their customers.”

Sumit Shukla, Founder and CEO, Connexrm PTE and Sr. Vice President, Apar Technologies said, “eUPP is a platform that has worked with multiple payment gateways, but we’ve always found that the best services have been made available to us through Cashfree Payments which has helped in growing our customer confidence. Instant transaction confirmation with a near zero rate of failure is what our platform has experienced so far, while lowering our costs by 30%. This, for us, makes Cashfree Payments the primary choice for all the transactions on eUPP.

I am confident that our growing partnership in offering a combined package of technology, administrative services, payment services, lending services, eUPP universe services would provide schools and other educational institutions an unparalleled experience and would help them with technology adoption and effective financial management.”

Previous Article

December 14, 2022

Mastercard brings Apple Pay to customers in Kuwait

Read More
Next Article

December 14, 2022

DKK Partners appoints Sam Nti to spearhead Africa operation

Read More






IBSi Daily News Analysis

June 21, 2024

API Banking

Industry experts react after India FIU fines Binance $2.2m, signaling tougher digital asset regulations

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

June 21, 2024

MECCA & Adyen to offer a seamless payments experience in Australia

Read More

June 21, 2024

Vipps, MobilePay launch cross-border P2P payments in the Nordics

Read More

June 21, 2024

FinTech Focus: Catch latest developments of the week

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023